Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613421
Bank Name:Canara Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹50,00,000
EMD:₹5,00,000
Bid Increment:₹1,00,000
Auction Time:10:30 AM to 11:30 AM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-12-09
Bid Start Date:2025-12-10
Property Description
This is a valuable plot of land located in Kundrathur, Kanchipuram, Tamil Nadu. The property is being auctioned by Canara Bank under the SARFAESI Act. It is categorized as residential land, offering a great opportunity for development or investment in a growing area. Don't miss this chance to acquire land in a well-connected region.
State:Tamil Nadu
City:Kanchipuram
Area:Kundrathur.
Asset Category:Residential
Full Address:Plot Nos. 1, 2, 3, 4, 5, 6, 7 & 8, Flat No. C, Rajmani's Mathura, Plot Nos. 1, 2, 3, 4, 5, 6, 7 & 8, Kolapakkam Village, Kundrathur Taluk, Kancheepuram District, Kolapakkam Village, Kanchipuram
Building/Society:Rajmani's Mathura
Size:18739 Sq.ft
Auction Description
Canara Bank is holding a SARFAESI auction for a prime plot of land in Kundrathur, Kanchipuram, Tamil Nadu. The auction will take place on December 10, 2025, from 10:30 AM to 11:30 AM. The reserve price for this residential land is ₹5,000,000, with an Earnest Money Deposit (EMD) of ₹500,000 required. This is a direct auction from the bank, offering a transparent and secure transaction process for potential buyers. Bid to secure your piece of property in Kanchipuram.
Borrower Name:MKGD CEMENTS PRIVATE LIMITED
Auction Type:SARFAESI Auction
Guarantor Names:Gopinath K M, Manoharan AK, Kalaimani K
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property offers a decent investment potential due to its location in Kundrathur, and combined land and residential flat offering. The reserve price and EMD are relatively accessible, but potential investors should carefully assess the encumbrances and location-specific market conditions.
Contact Details
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no:044-28496339
